RSS
TSC Staff
A June 2 column, Are Health Care REITS on the Mend?, incorrectly said every 100 basis-point increase in interest rates would translate to an additional interest rate expense of $5 billion for Meditrust (MT:NYSE). In fact, it would raise the company's interest rate expense by $5 million. (corrected June 2.)
A May 29 story, Old World Barn: Cisco Gets Set to Open Manufacturing Plant, incorrectly referred to the Financial Accounting Standards Board as the Federal Accounting Standards Board. (corrected May 31)
A headline on a May 30 market report incorrectly said that the Nasdaq's 254.3 point gain was the largest point gain ever. In fact, it was the second-largest point gain ever. (corrected May 30)
The May 26 Stock Strategies column, Dot-Coms With a Well-Heeled Big Brother More Likely to Weather the Storm, incorrectly stated that EarthLink (ELNK:Nasdaq) bought MindSpring. In fact, the two companies merged. (corrected May 30)
The May 5 Tish on Tech column, Princely Deals With AOL Turn Into Cash-Draining Curse, reported that iTurf (TURF:Nasdaq) had $19 million in cash at the end of the fourth quarter of 1999. The piece neglected to mention that iTurf also had $32.9 million in short-term investments and a total $56.6 million in current assets at that time. (corrected May 30)
A May 29 story, i2 May Be Fit to Survive in the B2B Rubble, misstated i2 Technologies' (ITWO:Nasdaq) revenue for its most recent quarter. For its first quarter ended March 31, i2 reported revenue of $186.3 million, not $638.4 million. (corrected May 30)
Get Cramer's portfolio stock picks at Action Alerts PLUS —